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New Jersey Statutes, Title: 46, PROPERTY
Chapter 9: Short form mortgage
Section: 46:9-8: Purchase money mortgage over judgments
Whenever real estate situate in this state is or shall be sold and conveyed, and a mortgage is given by the purchaser at the same time, on the real estate sold, to secure the payment of the purchase money or any part thereof, such mortgage shall be preferred to any previous judgment which may have been obtained against such purchaser.
This section added to the Rutgers Database: 2012-09-26 13:37:54.
Older versions of 46:9-8 (if available):
Court decisions that cite this statute:
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